The long-dreaded day has come: We try to tackle a tiny bit of crypto, whatever that means.
What is the occasion for wading into these bro-infested waters? The government changed a rule, so crypto can now creep into our legit retirement investment accounts. Do we care?? Maybe?
As for the “content”, Caitlin makes ridiculous analogies about opening a shell-only currency shop in a beach side village in her to attempt to visualize how a new currency comes into being, and Sara comes out as “crypto curious” and tries to keep it real and balanced.
You will not learn everything you need (want?) to know about imaginary currencies in this episode, but on the other hand, you won’t not learn more than you already don’t know about them. If you’ve been sticking your head in the sand up to this point (ahem, Caitlin), this could be a gentle way to dip your toe in with some company.
Attention: Sara and I have wanted to do an episode about crypto for a really long time, but we want to find someone to talk to about it who isn't in the tank. Like, who's skeptical but isn't so fiery against it, like Caitlin seems to be, but sees both sides. And has a sense of humor. If you're out there and know a lot about it, get in touch. And if anybody listening knows somebody who isn't going to try to sell us anything but has a nuanced understanding, we would love to talk to them!
FYI: When Sara tells Caitlin to listen to one of our previous episodes to remember what a mutual fund is, she’s referring to Season, 1, Episode 5: Like, literally, what is a stock? You should listen to it, too, if you’re feeling a little fuzzy about what exactly a mutual fund is or isn’t.
Another FYI: We did an episode on WTF is a Bank? that helps explain some of the topics we discuss in here - or at least we referred to it, so I’m including it in our show notes so we look really busy.
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This episode was edited by our co-producer Kelly West. Music by Bad Bad Hats and Devmo.